Absolute Auction Above $50,000 "Loch Raven" End-Of-Group Townhome 3 Bedrooms, 2 Baths, Detached Garage

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Listing Details

Sold Price
$83,000
Auction Date
Auction Time
1:00 PM
Address
5708 Willowton Avenue, Baltimore, MD, 21239
County
Baltimore City
Neighborhood
Loch Raven, Mt. Pleasant Park Area,
Scroll down for Complete Details, including: property description and Terms of Sale.

ABSOLUTE ESTATE AUCTION
To The Highest Bidder Over $50,000

 

LOCH RAVEN
Mt. Pleasant Park Area

 

END-OF-GROUP TOWNHOME
3 Bedrooms  2 Baths  Detached Garage

Sale on Premises
5708 WILLOWTON AVENUE
Off 1800 E. Belvedere Avenue
Baltimore City, Maryland 21239

WEDNESDAY, NOVEMBER 10, 2010
AT 1:00 P.M.


        THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE AND BELIEVED TO BE ACCURATE.  HOWEVER, NO EXPRESS OR IMPLIED WARRANTY IS MADE AS TO THE ACCURACY OF THESE REPRESENTATIONS.  DIMENSIONS AND SQUARE FOOTAGE CONTAINED HEREIN ARE MORE OR LESS.

LOCATION & DIRECTIONS:

The Loch Raven Neighborhood is located in northeast Baltimore City, adjoining the Ramblewood Neighborhood, Mt. Pleasant Park and the Perring Parkway corridor. Loch Raven is very proximate to Morgan State University and Good Samaritan Hospital, two major sources of employment and residency in the area. Mt. Pleasant Park features one of the most well-known municipal golf courses in Baltimore. Shopping, restaurants and entertainment are within minutes along both Northern Parkway and Loch Raven Boulevard. Area homes are substantially attached and semi-detached, owner-occupied homes with well-maintained front and rear yards.

For directions from your location, visit: maps.google.com

 

SITE AREA

Irregular lot fronts 25'9" along Willowton Avenue, with depths of 104'9.125" and 112'3.75", and a rear lot line of 59'0.625". The rear of the property is bounded by a 16' vehicle accessible alley.


Detached two car brick garage with overhead doors and covered flagstone patio.


The site features front and side yards, as well as a fenced rear yard with mature trees.


BLOCK PLAT (pdf)

 

IMPROVEMENTS

Two story brick end-of-group covered porchfront townhome contains 1,200 square feet above grade, and 600 square feet of basement space, according to public tax records. The property features hardwood floors (some underneath carpet), forced air heat and two bow windows. The home is arranged as follows: living room, dining room and kitchen, on the first floor; two bedrooms, additional bedroom or den, and full ceramic tile bath, on the second floor; partially finished basement with laundry area, workshop and full bath. The home had been occupied by the same owner for over 60 years, and has been generally well maintained, but is in need of updating and cosmetic repair.

 

ZONING

R-5, residential.

 

REAL ESTATE TAXES

Published 2010 real estate taxes are $3,325, based on a full value assessment of $139,700. Baltimore City has been amenable to reductions in assessed value in accordance with sales price. Prospective purchasers are encouraged to contact Baltimore City regarding the property tax appeals process.

 

TITLE

Subject to an annual $108 ground rent, due semi-annually on January 22 and July 22; sold free and clear of all liens. Deed Liber MLP 7926, folio 248.

 

INSPECTION TIME

One hour prior to sale, and by appointment. Please contact charles@ajbillig.com for inspection requests.

 

TERMS OF SALE

A $5,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's office.  Balance to be paid in cash within 45 days.  If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser.  The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any.  Purchaser assumes the risk of loss from the date of sale forward.  The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law.   If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser.  Time is of the essence.


NO BUYERS PREMIUM!


Auction by Order of the Estate of Mildred D. Woodzelle by:
Theresa Venson, Personal Representative


Broker participation is invited.
BROKER REGISTRATION FORM (pdf)

 

FINANCING

Call for pre-qualification:

Mr. Craig Kessler
Freedmont Mortgage Funding

50 Scott Adam Road
Hunt Valley, Maryland  21030
410-654-3900 direct
410-702-4511 fax
craig@greatloanofficer.com